In 2018, India reported about 1.4 lakh account takeover (ATO) login attempts every hour from people using stolen or generated username and password, a latest cyber security report has revealed. India was the second most preferred target destination after the US, recording more than 120.8 crore ATOs in just the one year.

Through the new cyber security response centre in Dubai, Tata Communications aims to offer enterprises and government bodies in the UAE and other GCC countries across the region with cyber-attack protection that helps them meet in country regulation requirements.

“Data privacy is becoming paramount in India, and regulators are also in the process of coming out with data security and privacy regulations,” said Kartik Shahani, integrated security leader, IBM India/South Asia.

As per data of Indian Computer Emergency Response Team (CERT-In), over 50,300 cyber security incidents like phishing, website intrusions and defacements, virus and denial of service attacks were observed in the country during 2016.

After PSU banks, the government is likely to infuse capital in two chronically ill telecom PSUs BSNL and MTNL, and the Union Cabinet is likely to take a decision on 4G spectrum allocation to them by the third week of the current month after DoT places the note before it for consideration.

At a high-level meeting at the PMO late Tuesday, it was also decided that the two telcos will frame a Voluntary Retirement Scheme (VRS) to reduce their employee strength, which will be followed by a reduction in the retirement age to 58.